At Swedish universities, students organize in clubs for spare time activities like photography, sports, music and also computers! Update is the student computer club loosely connected to Uppsala University. We started out in 1983 around what was then new shiny computers and have evolved into a caretaker of the old and precious. We have kept the very DECSYSTEM 2060 around which the club was formed as well as a VAX 8650, PDP-12, a running PDP-11/70 and many other things. The club is creeping up on its 40th birthday and we would like to present a retrospective with anecdotes and trivia. The future is uncertain as the university department paying for our rooms is moving and will no longer be able to accomodate Update. What will the next chapter for this old club be? And how can you help us?